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Initial Setback: Ola’s New Electric Scooter Faces Breakdowns for Early Customers Despite Over 75,000 Bookings in Two Weeks; Opting for a 30km Daily Walk Could Prove Economically Beneficial

Initial Setback: Ola’s New Electric Scooter Faces Breakdowns for Early Customers Despite Over 75,000 Bookings in Two Weeks; Opting for a 30km Daily Walk Could Prove Economically Beneficial


The Indian market has shown an enthusiastic response to Ola’s recent introduction of their new electric scooter. Remarkably, within a mere two-week period following the EV’s launch, over 75,000 units of the company’s electric scooters have been booked by eager customers. This surge in bookings underscores the strong demand for sustainable and eco-friendly mobility solutions in the country. As anticipation and interest continue to grow, it is clear that Ola’s electric scooter has struck a chord with consumers, marking a significant step towards the adoption of electric vehicles in India’s transportation landscape.

 

Ola's New Electric Scooter
Ola’s New Electric Scooter

 

Establishing its dominance in the electric two-wheeler market, Ola Electric has garnered an impressive market reception for its recently unveiled S1 series of electric scooters. The company’s innovative S1 range has managed to captivate the attention of consumers, resulting in a remarkable accomplishment of securing more than 75,000 bookings within just two weeks of its official launch.

Ola Electric’s strategic move to introduce the S1 series on August 15, 2023, accompanied by a pricing spectrum ranging from Rs 90,000 to Rs 150,000, has undoubtedly struck a chord with the market. The resounding success of the S1 lineup is evident in the overwhelming response it has garnered within this short timeframe. With the surge in bookings, Ola Electric appears to be poised for a transformative impact on India’s electric mobility landscape, reaffirming the growing appeal of sustainable transportation alternatives.

The savings potential of Ola’s electric scooters is notably advantageous for customers who travel an average of 30 kilometers daily. According to the company, significant savings can be accrued on both a monthly and yearly basis. Specifically, with the S1X model (priced between Rs 89,999 to Rs 99,099), customers can realize remarkable savings of Rs 2,600 per month and a substantial Rs 30,000 annually. This calculation takes into account reduced fuel and maintenance expenses compared to traditional Internal Combustion Engine (ICE) scooters. This means that customers can recoup the cost of their electric scooter within a span of three years.

Similarly, for owners of the S1 Air variant (priced at Rs 119,999), the potential savings are substantial as well. These customers can enjoy savings of up to Rs 23,000 annually, which translates to Rs 1,900 per month. On the other hand, S1 Pro owners (priced at Rs 147,499) can save up to Rs 13,000 annually, equivalent to Rs 1,100 per month. These figures underscore the economic advantages of transitioning to electric scooters, showcasing how Ola’s offerings can lead to both monetary savings and a positive environmental impact.

Ola Electric unveiled its S1X model on August 15, offering customers three variants: S1 X+, S1 X (2kWh), and S1 X (3kWh). Deliveries of the S1 X+ variant are set to commence from the following month. Meanwhile, customers eager for the S1 X (3kWh) and S1 X (2kWh) versions will have to wait until December for their deliveries to begin.

Highlighting Ola Electric’s commitment to innovation, the second-generation S1 Pro was introduced on India’s Independence Day. Priced at Rs 147,499, the new S1 Pro is built on an upgraded platform, featuring enhancements such as twin-fork telescopic front suspension and a flat floorboard. Boasting an impressive travel range of 195 km, the S1 Pro can reach a maximum speed of 120 km/h, offering an exceptional blend of efficiency and performance for urban commuting needs.


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